Will I get a stimulus payment if I filed bankruptcy and owed back taxes?

Question

Will I get a stimulus payment if I filed bankruptcy and owed back taxes?

Answer 1

This is a question that I pulled off the IRs website...it shows that they will hold stimulus checks for back taxes, child support, and other debts such as student loans.  You will still get "credit" for the amount applied to your back taxes.  either way you should still receive notification in the mail.

Q. The notice I received shows I should have gotten more than the government actually deposited into my bank account. What happened?

A. It could be that the amount deposited into your bank account was what remained of your stimulus payment after it was reduced, or offset to collect back taxes or other debts such as a student loan or child support. If this is the case, you will receive a separate notice about two weeks after you receive your stimulus payment and notice.

Answer 2

Yes, you will as long as you filed your 2007 income taxes and you made over $3000.  Yes, you will "get it".  You will "get it" applied to your back tax debt for you so you will have to pay less.

I am sure you already know that your bankruptcy will not absolve you of your tax debt, which always survives bankruptcies.

Answer 3

No. Period.

Answer 4

You owed back taxes, so no.

Answer 5

Not if you owe back taxes. According to the IRS:

Q. I'm eligible for a payment but I still owe federal income tax from a prior year. Will my payment be reduced?

A. Yes. For this purpose, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support. If this occurs, you will receive a letter explaining how the stimulus payment was applied.